All Posts Tagged With: "economic development"

Time to End the Iowa Finance Authority

In 1975, Iowa’s elected so-and-so’s felt inclined to establish the Iowa Finance Authority, giving it the mission of assisting the people of Iowa in acquiring affordable housing.  I guess Iowans tended to live in mud shacks prior to 1975, but no matter, the government is here to help.

Except, it doesn’t help. The Iowa Finance Authority’s own website (http://www.iowafinanceauthority.gov/) tells the tale, and affordability is not the goal of our state-level state corporatists. According to the talking points, IFA helps low-income Iowans, the disabled, and the otherwise strained in the task of obtaining affordable housing, which is simply not true. Nothing the IFA does is aimed at helping citizens afford anything, all they do is encourage easy credit.

Getting easy credit is not …


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